MoneyTec Traders Community Forum - View Single Post

tunesmith · 16-12-2003, 16:43

I am also a complete novice and have been monitoring this site for about 4 months trying to pick up what I can. I was also looking for a beginners course and came upon Daytradeforex.com. You can download their ebook for $99. They give the basics of various indicators such as MACD, Bollinger Bands, 10 EMA and 50 EMA, SLow Stochastics, Parabolic SAR etc. and how to apply to 1, 5, 10 minute charts, scalping 5-20 pips per 1 lot trade. I realize this may not fit the type of trading I will prefer to do, but for now I am just trying to get a handle on the basics. They also discuss stops, MM and how to place order among other topics and give some good links to forex sites. I have been very busy at work (mortgage broker) and have only finished studying about 75% course but it is most certainly worth the $99 for a beginner. Especially when people are asking $1200 to $1500 at some sites. When I start demo-ing I will post my results and opinions. Also considering their advanced course for $99 and Spotforex course with moneytrader and learn4x with Abe Cofinas at later dates as they are in the $600-$800 range. I think one can learn a great deal right here at this forum and if you take your time it is not necessary to spend thousands on courses.

16-12-2003, 16:43	#33
tunesmith level 2 Join Date: Oct 2003 Posts: 78 Downloads: 0 Uploads: 0 Rep Power: 0	newbie trading courses I am also a complete novice and have been monitoring this site for about 4 months trying to pick up what I can. I was also looking for a beginners course and came upon Daytradeforex.com. You can download their ebook for $99. They give the basics of various indicators such as MACD, Bollinger Bands, 10 EMA and 50 EMA, SLow Stochastics, Parabolic SAR etc. and how to apply to 1, 5, 10 minute charts, scalping 5-20 pips per 1 lot trade. I realize this may not fit the type of trading I will prefer to do, but for now I am just trying to get a handle on the basics. They also discuss stops, MM and how to place order among other topics and give some good links to forex sites. I have been very busy at work (mortgage broker) and have only finished studying about 75% course but it is most certainly worth the $99 for a beginner. Especially when people are asking $1200 to $1500 at some sites. When I start demo-ing I will post my results and opinions. Also considering their advanced course for $99 and Spotforex course with moneytrader and learn4x with Abe Cofinas at later dates as they are in the $600-$800 range. I think one can learn a great deal right here at this forum and if you take your time it is not necessary to spend thousands on courses. __________________ go to the light!